2023 NZD to LSL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NZD to LSL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NZD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 12.2049. Conversely, the yearly low was recorded on January 5, dropping to 10.5598.
This high-to-low spread represents a total annual volatility of 1.6450 LSL. From a start-to-finish perspective, comparing the January average rate of 10.9575 to the December average rate of 11.6282, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 12.2049 was up 8.38% compared to the 2022 peak of 11.2612, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NZD to LSL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3508, compared to 11.3097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0411 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 0.9136 LSL (High: 11.7746 / Low: 10.8611). On the other end, September was the most stable month, with a tight range of 0.2565 LSL (High: 11.4033 / Low: 11.1468).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3283 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 11.8167) against the same month in 2022 (average: 10.1973), the exchange rate shifted by +1.6193 (+15.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.2233 | 10.5598 | 10.9575 |
| February | 11.4499 | 10.8435 | 11.2424 |
| March | 11.5297 | 11.1575 | 11.3378 |
| April | 11.4731 | 11.0503 | 11.2620 |
| May | 12.2049 | 11.3277 | 11.8167 |
| June | 11.9926 | 11.2336 | 11.4884 |
| July | 11.7746 | 10.8611 | 11.3418 |
| August | 11.6067 | 11.0081 | 11.2574 |
| September | 11.4033 | 11.1468 | 11.2394 |
| October | 11.6946 | 10.9117 | 11.2350 |
| November | 11.5964 | 10.8351 | 11.1562 |
| December | 11.8615 | 11.3386 | 11.6282 |